Although shipment levels in the United States remain depressed, the seasonal pattern appears to be holding, albeit at a lower level than last year. Businesses are spending cautiously, and consumers have still not emerged from their shells, but there is so
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The entire stack gets hurt.Roger Kay
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With or without war, capital spending remains down, negatively impacting company earnings. The scapegoat factor is real, ... Companies can point to war jitters and probably get away with it. In this patriotic world, no one will turn around and say they're wrong.
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